By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-the Nigerian Stock Exchange (NSE) on Wednesday dipped 0.96 percent on profit-taking activities in blue-chip stocks such as lenders, Zenith Bank Plc, Guaranty Trust Bank Plc and FBN Holdings Plc. Cordros daily market update reported that at the end of today’s trading on the domestic […]
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MTN hires former U.S. attorney general to help on Nigeria fine: FT
Wed Feb 3, 2016/Reuters MTN Group has hired a former top U.S. law enforcement official to help challenge a $3.9 billion fine imposed by Nigeria for failing to disconnect unregistered users, the Financial Times reported on Wednesday. Citing people familiar with the situation, the newspaper said former U.S. Attorney General […]
Wall St. turns negative after weak services data
Wed Feb 3, 2016/Reuters By Tanya Agrawal U.S. stocks gave up early gains and turned negative on Wednesday after data showed that the economy’s service sector expanded at a slower-than-expected rate, raising concerns that weakness in manufacturing is spreading to other sectors. The Institute for Supply Management (ISM) said its […]
